BOXABL, a developer of factory-built modular housing solutions, announced it has received regulatory approval to sell and deploy its Casita Studio across Texas, marking a significant expansion into one of the fastest-growing residential housing markets in North America. The approval comes as Texas enacts legislation aimed at reducing local restrictions on accessory dwelling units (ADUs), creating a more favorable environment for housing expansion.
This milestone strengthens BOXABL’s growth strategy as it prepares for its anticipated merger with FG Merger II Corp. (NASDAQ: FGMC) and planned public listing, while opening access to a state that has emerged as a major market for ADU development. The Casita Studio, BOXABL’s flagship product, is a 361-square-foot studio unit with a full kitchen, bathroom, and utilities. It unfolds on-site in less than an hour and is manufactured inside BOXABL’s facilities.
The Texas approval is particularly timely given the state’s new legislation that reduces local barriers to ADUs, which are often used as affordable housing options, rental units, or spaces for aging relatives. For BOXABL, this regulatory green light means the company can now target a state experiencing rapid population growth and housing shortages. The company’s innovative approach to modular construction aims to address these challenges by delivering affordable, high-quality homes at unprecedented speed.
BOXABL was founded in 2017 and has attracted worldwide attention for its building systems. In addition to the Casita, the company has announced the Baby Box, a smaller 120-square-foot unit built to RV code, intended for simpler, no-foundation setups. BOXABL is also developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes.
The upcoming merger with FG Merger II Corp., a special purpose acquisition company (SPAC), is a key step in BOXABL’s plan to go public. This transaction is expected to provide the capital needed to scale production and expand into new markets. For investors, the Texas approval signals that BOXABL is on track to capitalize on favorable regulatory trends and growing demand for ADUs.
For more information about BOXABL, visit https://www.boxabl.com/ir. For updates on FG Merger II Corp., visit https://fgmerger.com. The latest news and updates relating to FGMC are available in the company’s newsroom at https://nnw.fm/FGMC.
